Key Points
- Viavi Solutions EVP Paul McNab sold 11,032 shares at an average price of $38.97, generating approximately $429,917. Following the transaction, his direct ownership fell 30.08% to 25,639 shares.
- Viavi reported quarterly EPS of $0.34, exceeding estimates of $0.30, while revenue rose 52.5% year over year to $443.1 million. The company issued Q1 2027 EPS guidance of $0.40–$0.42.
- Analysts maintain a generally positive outlook, with the stock holding a “Moderate Buy” consensus rating and an average price target of $55.43, compared with a recent price near $38.75.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) EVP Paul McNab sold 11,032 shares of Viavi Solutions stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $38.97, for a total value of $429,917.04. Following the sale, the executive vice president directly owned 25,639 shares in the company, valued at $999,151.83. The trade was a 30.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Paul Mcnab also recently made the following trade(s):
- On Monday, August 10th, Paul McNab sold 1,595 shares of Viavi Solutions stock. The stock was sold at an average price of $37.37, for a total value of $59,605.15.
Viavi Solutions Price Performance
Viavi Solutions stock opened at $38.75 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. The company has a market capitalization of $9.56 billion, a PE ratio of -258.32 and a beta of 1.22. Viavi Solutions Inc. has a one year low of $11.93 and a one year high of $60.43. The business has a 50 day simple moving average of $38.96 and a 200 day simple moving average of $41.48.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%.The business had revenue of $443.10 million for the quarter, compared to analyst estimates of $432.62 million. During the same quarter in the previous year, the firm earned $0.13 EPS. Viavi Solutions's quarterly revenue was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. On average, sell-side analysts forecast that Viavi Solutions Inc. will post 1.32 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Viavi Solutions from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday. Needham & Company LLC cut their price target on shares of Viavi Solutions from $68.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Rosenblatt Securities restated a "buy" rating and issued a $70.00 price target on shares of Viavi Solutions in a research report on Wednesday, August 19th. Wall Street Zen cut shares of Viavi Solutions from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 29th. Finally, Susquehanna raised their price objective on shares of Viavi Solutions from $65.00 to $66.00 and gave the stock a "positive" rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $55.43.
Read Our Latest Research Report on VIAV
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Silvant Capital Management LLC acquired a new position in Viavi Solutions during the 2nd quarter worth $33,000. WPG Advisers LLC boosted its position in Viavi Solutions by 96.2% in the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock valued at $26,000 after buying an additional 380 shares during the last quarter. Persistent Asset Partners Ltd acquired a new stake in shares of Viavi Solutions in the 2nd quarter valued at $38,000. Carolina Wealth Advisors LLC increased its stake in shares of Viavi Solutions by 83.2% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider's stock valued at $41,000 after buying an additional 387 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of Viavi Solutions by 309.4% during the second quarter. NewEdge Advisors LLC now owns 1,130 shares of the communications equipment provider's stock worth $54,000 after acquiring an additional 854 shares during the last quarter. Institutional investors own 95.54% of the company's stock.
About Viavi Solutions
(
Get Free Report)
Viavi Solutions Inc (NASDAQ: VIAV) develops test, measurement, and assurance technologies for communications networks and optical systems. Its products and software help telecommunications providers, network equipment manufacturers, data centers, government organizations, and other enterprises build, validate, monitor, and maintain wired and wireless networks.
The company's offerings include instruments and software for fiber-optic testing, network installation and certification, service activation, network performance monitoring, troubleshooting, and telecommunications equipment testing.
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